RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.7%
  • Listing ID: 1473359
  • Posted On: Jul 9, 2021
  • Updated On: Nov 8, 2021

Description

Five star park reviews every day. Beautiful RV Resort in southeast New Mexico with natural creek running through it. We are at elevation 6500 feet. It’s 72 degrees during the day time and high fifties at night. There are 61 large and shaded pull through lots, and five new lots for cabins, buses, travel trailers or Rvs. We can handle any large Rv or vehicle or travel trailer up to 75 feet. There are a total of thirty 30 amp spaces and thirty six 50 amp spaces all full hook ups. Owner put in new bridge over creek with water falls. Behind park is additional land for possible expansion. So much wildlife you can’t count them all. This park is open seven months a year but other parks nearby are open year round. New owners could do the same. It’s 35 minutes to Alamogordo and 15 minutes to Cloudcroft at elevation 8500 feet. Even better it’s only 45 minutes to the majestic and beautiful Apache Mescalero Inn of the Mountain Gods Hotel and Casino on large lake in Ruidoso, NM. Had a $43k gross for July, $44k gross for August. All lot rents.

Location

Mayhill NM elevation 6500 feet in the mountain of SE New Mexico two hours north of El Paso and Las Cruces. 15 minutes to Cloudcroft with elevation 8500 feet.

Amenities

  • Laundromat
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 66
Year Built: 1990
Average RV Lot Rent: $650
Size: 15.0 acre(s)

Financial Information (Actual)

Gross Income: $223,000
Operating Expense: $49,600
Net Operating Income: $173,400
Expense Ratio: 22.2 %

Utility Information

Water: Well
Sewer: Septic

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